Best of the Program | Guests: Stephen Moore, Ben Lamm & Richard Werner | 4/10/25
Apr 10, 2025
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Economist Stephen Moore shares insights on a tariff strategy inspired by 'The Art of the Deal,' potentially igniting a global 'Trumpian revolution.' Richard Werner discusses the escalating U.S.-China trade tensions and urges support for local banks. Meanwhile, Ben Lamm, CEO of Colossal Biosciences, unveils the exciting possibility of bringing extinct species like the dire wolf back to life, using synthetic biology for preservation and environmental balance. The conversation dives deep into the ethical implications and future of conservation.
Stephen Moore explains that Trump's tariff strategy aims to provoke a global trade reevaluation, particularly concerning China.
Ben Lamm discusses the innovative cloning technology used to revive the dire wolf, highlighting its potential educational and ecological impact.
Deep dives
Understanding Tariffs and Economic Strategies
The discussion highlights the complex dynamics of trade tariffs and their broader implications for global economics. It emphasizes President Trump's strategic approach to tariffs, suggesting that they are not merely punitive but part of a larger negotiation strategy aimed at compelling countries to reevaluate their trading relationships, particularly with China. Trump is positioned as a calculated negotiator who, rather than retreating in the face of criticism, may be executing a well-thought-out plan to shift global trade practices towards a more equitable framework that favors fair competition. The conversation also underscores the perceived threat of China, comparing it to historical economic powers and questioning the decisions of European partners in relation to the U.S.
Debt and Financial Strategies for Americans
Significant attention is directed towards American financial struggles, highlighting the burden of high-interest debt, particularly from credit cards. This financial strain limits individuals' ability to save for retirement and invest in their future, ultimately affecting generational wealth transfer. The need for strategic solutions to alleviate debt is emphasized, with suggestions to work with financial institutions that prioritize consumer welfare over profit margins. Overall, the conversation points towards a pressing need for a shift in evaluation and management of personal finance to enhance financial stability for American families.
The Importance of Economic Relationships
The dialogue reveals a growing concern regarding America's economic relationships, particularly how they are affected by global politics. Trump's approach signals a desire to decouple U.S. dependency on China, urging other nations to redefine their trade alliances while emphasizing the urgency for the Western world to ascertain its position against authoritarian regimes. The conversation further explores the economic influence of China's centralized governance versus the U.S.'s need for a competitive, diversified banking system, urging a return to local community banks that support small businesses as a foundation for economic growth. This discussion advocates for a stronger stance against past assumptions of globalization and highlights the potential for reform to foster a thriving American economy.
The Future of Biodiversity and De-Extinction
The episode delves into revolutionary efforts in biodiversity preservation, where advancements in cloning technology are being applied to resurrect long-extinct species such as the dire wolf. This initiative signals a novel approach to addressing biodiversity loss, drawing connections to the human impact on ecosystems. It is posited that using genetic technology for species revival can provide invaluable opportunities for educational engagement and scientific discovery, cultivating a new generation's interest in science and conservation. The conversation expresses hope that these efforts may not only restore ecological balance but also inspire cultural conversations surrounding the stewardship of the planet's natural resources.
Economist Stephen Moore joins to discuss how this tariff strategy, allegedly inspired by "The Art of the Deal," could spark a global "Trumpian revolution." Colossal Biosciences CEO Ben Lamm joins to explain why his company brought the dire wolf back from extinction. Economist Richard Werner warns of escalating U.S.-China trade tensions, urging Trump to boost local banks.
